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InvestmentsEnegra migrates digitized equity tokens from Ethereum to Polygon blockchain By Cointelegraph

Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain By Cointelegraph


© Reuters

Enegra Group, a commodities buying and selling agency based mostly in Malaysia with a internet asset worth of $28 billion, has migrated its equity-tied EGX safety tokens to the Polygon (MATIC) blockchain from (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally train their dividend, voting and governance rights. Both the preliminary tokenization and token migration had been facilitated by Tokeny, an asset tokenization and compliance infrastructure supplier.

Matthew Averay, managing director and CEO at Enegra, mentioned: